TORONTOREALTYBLOG.COM BY DAVID FLEMING
How in the world did one developer get twenty home-owners, all in the same block, to sell their properties?
Most people assume that a condo development is built on the proverbial “vacant land” that just happened to be sitting there, ripe for development. But sometimes, you’ve gotta get dirty!
The corner of Duplex and Berwick is (was) home to 20 houses which will eventually be demolished and a 17-storey condo will be built in their place…
Here’s something interesting…
If you lived on the moon, with your eyes closed, and your fingers in your ears, perhaps you would be the only person in the galaxy who isn’t aware that “One Park West,” for all its fantastic namesake, is actually Regent Park…
But the best part – the PRICE!
You’ve all heard the incessant radio ads, and you’ve undoubtedly heard about it from a friend or family member.
Now I’m here to review this new project; this project that I knew was a sham as soon as it was launched.
I’d rather call this “8.5-Foot-High-Ceiling Lofts, Times Two.”
Do the math for the price and for the ceiling height, and it just doesn’t add up…
A reader emailed me the other day seeking my advice on pre-construction and its viability under the current market conditions both in terms of investment and as a principal residence.
I’ve been touting pre-construction as a fantastic investment vehicle for the last three years, but times change.
As I told my curious reader, “That ship has sailed, my friend.”
A developer I know told me four years ago that if I could put together a deal for the land at the corner of St. Mary’s Street and Bay Street, that he would buy it in cash in a heartbeat.
I told him that land was long, long gone, and one day it would be a condominium.
Well, that day is here, and the condo is just around the corner…
Emerald City, eh?
That’s also the name of the experimental prison unit in the television show “OZ.”
Well, hopefully this version of Emerald City will have less fighting, stabbing, and hurt feelings…
The vacant lot at the southeast corner of Yonge & Merton has been destined for a new condominium project for quite some time.
Many of us have been eagerly awaiting the project, but eventually, our excitement died out.
“MYC” was launched this week, but in my opinion, it’s too little, too late…
Did anybody see the headline on the front of Saturday’s Toronto Sun?
It read: “Film Fest Elitist!“ It sure came as no surprise to me.
What also should come as no surprise, to anybody, is me absolutely PANNING the new Festival Tower…
